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and house speaker john boehner met today to discuss the impending fiscal cliff. they're trying to find a deficit cutting deal to stop a combination of tax increases and spending cut to kick in. some government agencies are making contingency plans. here's that part of the story. >> preparing for the holidays is a reminder of something else just around the kosher, a -- corner, fiscal cliff deadline that is permanent here. >> i can't imagine funding being cut. it would be tragic. >> she is worried mandatory budget cuts would hurt food safety inspection. >> he was in the hospital for three weeks. >> she and her babies got poisoning from meat she ate while pregnancy. the cdc says contaminated food sickens 38,000 people a year, 3,000 people die. so the fda are charged with protecting the food supply. an 8.2% budget cut translates to a combined $157 million. >> there's no word exactly what cuts would mean to inspector staffing. >> both the fda and usda-already stretched thin when it comes to inspection activities. they need increased resources, not fewer resources. >>
and house speaker john boehner met today to discuss the impending fiscal cliff. they're trying to find a deficit cutting deal to stop a combination of tax increases and spending cut to kick in. some government agencies are making contingency plans. here's that part of the story. >> preparing for the holidays is a reminder of something else just around the kosher, a -- corner, fiscal cliff deadline that is permanent here. >> i can't imagine funding being cut. it would be tragic....
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Dec 10, 2012
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. >>> president obama and house speaker john boehner met at the white house today and the topic of discussion is the impending fiscal cliff. spokesman for both men, they say two the agreed to not release details of the conversation, but that they emphasize the line of communication remain open. trying to find a deficit cutting deal to stop the combination of automatic tax increases and spending cuts scheduled to kick in at the beginning of the year. >>> former south african president nelson mandela is nit hospital tonight. those around him are giving few detailed investigation. the 94-year-old hero had been admitted to a military hospital for tests and as he was, "comfortable." a report says that he is no longer speaking. delegation of the leaders visit the hospital today. he became south africa's first black president in 1994. >>> well an unexpected find in san francisco's bay is stirring some excitement. signs of the marine life in the water's off of vallejo were one particular ball. it has been spotted in more than a century. cbs 5 reporter with this fine and what it could mean. >> reporte
. >>> president obama and house speaker john boehner met at the white house today and the topic of discussion is the impending fiscal cliff. spokesman for both men, they say two the agreed to not release details of the conversation, but that they emphasize the line of communication remain open. trying to find a deficit cutting deal to stop the combination of automatic tax increases and spending cuts scheduled to kick in at the beginning of the year. >>> former south african...
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Dec 10, 2012
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obama and house -- speaker boehner met face-to-face. >>> for the first time we are hearing from the australian deejays who made that prank call tied to the sued side -- tied to the suicide of the british nurse. they are calling it unexpected and shocking. >> if we had any idea that something like this could have been possible to happen, we couldn't see this happening, it was meant to be a prank call. >> the deejays -- [ unintelligible ] coming up, our kira klapper will have more on this just released interview and also the fact that they just term nated the show today plus the reason kate middleton might have to -- have to go back to the hospital. >>> apple's mapping app is coming with a safety warning for users downunder. police in australia are asking drivers to avoid using the app. officers say they've had to rescue several people who got stranded when the app led them to the wrong place in some cases drivers were stranded more than 24 hours with no food or water. the ceo publicly apologized and promised improvements. >>> we are learning more about what gaggle is paying and it -- what googl
obama and house -- speaker boehner met face-to-face. >>> for the first time we are hearing from the australian deejays who made that prank call tied to the sued side -- tied to the suicide of the british nurse. they are calling it unexpected and shocking. >> if we had any idea that something like this could have been possible to happen, we couldn't see this happening, it was meant to be a prank call. >> the deejays -- [ unintelligible ] coming up, our kira klapper will have...
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Dec 7, 2012
12/12
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there is no counter offer from the white house. unstead, reports indicate that the president -- instead, the president has deliberately walked our economy right to the edge of fiscal cliff. >> he said democrats are slow walking the economy to the fiscal cliff, yet, this is the same republican leadership that has the house in session barely a day. barely a full day this week. >> the fiscal cliff is the term that is given to a set of spending cuts and tax increases that will take effect in january if congress does not act to stop them. >>> investigators are trying to determine what happened before a football fan fell or jumped from the third deck at the oakland coliseum. he fell to the concourse during last night's broncos, raiders game and taken to the hospital with serious injuries. they called it an accident and it remains under investigation. >> the rails are like three to 4 feet. if you don't pay attention, you can fall. he fell yesterday. >> the raiders did issue a statement. the team had no information beyond what authorities
there is no counter offer from the white house. unstead, reports indicate that the president -- instead, the president has deliberately walked our economy right to the edge of fiscal cliff. >> he said democrats are slow walking the economy to the fiscal cliff, yet, this is the same republican leadership that has the house in session barely a day. barely a full day this week. >> the fiscal cliff is the term that is given to a set of spending cuts and tax increases that will take...
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house republicans for blocking a bill to resolve the fiscal cliff crisis. as we move closer to a year end deadline where huge tax increases kick in and tax cuts kick in, they have not compromised to help reduce the deficit. the latest senate version would prevent a tax height on the first $250,000 of earning. >> the wealthiest americans would get a tax cut on the first $250,000 of their income and families everywhere would enjoy some peace of mind. the senate has done their part. we are waiting for republicans in the house to do the same thing, but so far they have put forward an unbalanced plan that actually lowers rates for the wealthiest americans. >> republican florida senator marco rubio said tax increases will not reduce the nation's $16 trillion debt. >>> officials for the proposed sonoma-marin rail transit project or smart train are looking to get $16.6 million in federal fund to go buy more train cars. today the press democrat reports money otherwise would be used for local pedestrian and bicycle paths. smart train is committed to go to cloversdale
house republicans for blocking a bill to resolve the fiscal cliff crisis. as we move closer to a year end deadline where huge tax increases kick in and tax cuts kick in, they have not compromised to help reduce the deficit. the latest senate version would prevent a tax height on the first $250,000 of earning. >> the wealthiest americans would get a tax cut on the first $250,000 of their income and families everywhere would enjoy some peace of mind. the senate has done their part. we are...
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president obama and house speaker john boehner met to try to prevent the impending fiscal cliff. the tax hikes and spending cuts due to kick in on january 1st. the main sticking points remain, and cuts to entitlement programs medicare. the president has asked congress to work through the holiday break if no deal is reached before then: the federal reserve is expected to announce an expansion o of their program. they will extend the program of buying $85 billion of securities each month into the the new year. announcement is expected when the bankers meet tomorrow and wednesday. a new survey shows pay for private college presidents continues the upward climb. they studied data from 2010 and median compensation rose to $400,000. that is up nearly 3 personality. that's a -- percent. that's a pretty good paying job there. very lucrative. >> cbsmoneywatch.com, thank you. >>> a heavy storm is pummeling the upper midwest. 15 inches of snow dumped on the twin city in minnesota. crews are cranking up the late to melty snow -- melt snow on the roof. it dumped 17 inches of snow on the roof
president obama and house speaker john boehner met to try to prevent the impending fiscal cliff. the tax hikes and spending cuts due to kick in on january 1st. the main sticking points remain, and cuts to entitlement programs medicare. the president has asked congress to work through the holiday break if no deal is reached before then: the federal reserve is expected to announce an expansion o of their program. they will extend the program of buying $85 billion of securities each month into the...
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Dec 10, 2012
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obama and speaker boehner met face-to-face. in washington can't strike a deal by the end of the year all -- automatic spending cuts go into effect. >>> the white house has ordered military to plan on slashing 500 billion from its budget over the next 10 years. federal funding for schools will be cut 8.2% some ideas include eliminating tax deduction for charitable contributions. no longer allowing homeowners who write-off mortgage payments. >>> time for a check on the weather. >>> 68 in santa rosa, going to be well above average by four to eight degrees. good morning. fairfield six mile visibility, santa rosa 1 and 3/4 everybody else unlimited. land breeze keeping clouds out over the coast. coolest inland where we have the 40s, except napa 51 around the bay and coast in the 50s. 7:00 temperatures mid 50s inland i should say mid 40s inland mid 50s bay and coast sunny near 60 lunchtime, great time to be outside warm air mass will jump up to 60° by 4:00 low to mid 50s by 7:00. cooling tomorrow as sea breeze kicks in, tuesday night
obama and speaker boehner met face-to-face. in washington can't strike a deal by the end of the year all -- automatic spending cuts go into effect. >>> the white house has ordered military to plan on slashing 500 billion from its budget over the next 10 years. federal funding for schools will be cut 8.2% some ideas include eliminating tax deduction for charitable contributions. no longer allowing homeowners who write-off mortgage payments. >>> time for a check on the weather....
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Dec 6, 2012
12/12
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and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says the cuts will save more than $1 billion a year. the bulk of the jobs are in global operations. it is unclear how many jobs will be lost here in the united states. >>> i already calculated your rain total for the day. next, the conditions you can expect tomorrow that will impact your morning commute. >> california lawmakers buying state cars. the new report that reveals how that move actually >>> a new report shows at least a dozen california lawmakers repai
and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than...
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Dec 6, 2012
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and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says the cuts will save more than $1 billion a year. the bulk of the jobs are in global operations. it is unclear how many jobs will be lost here in the united states. >>> i already calculated your rain total for the day. next, the conditions you can expect tomorrow that will impact your morning commute. >> california lawmakers buying state cars. the new report that reveals how that move actually costs taxpayers thousands of dollars. >> a modern jazz giant. what
and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than...
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Dec 8, 2012
12/12
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in his weekly me the address, obama accuses house republicans of blocking a bill that would prevent a tax increase on the middle class. the democratic controlled senate has approved a plan. o obamas as a house bill lores rates for the wealthiest americans, instead of raising them as he has proposed. >> this is the only way to put our economy without asking more. this is the only plan that i am willing to sign. >> for the gop, florida senator marco rubio says tax increases will not solve the nation's 16 trillion dollar debt. he says the only way to do that is through economic growth and reform of entitlement programs. rubio says that limited government can help restore the middle class. >> be extra careful of side due to the fog. this is a view from our mt. tam and there is fog in the midst of clouds. it is partly cloudy. it is mostly sunny conditions for the afternoon. clear skies are expected for the afternoon. it take a look at the yellow on your spring this is where the dense fog advisory has been issued. this is set to expire about 11:00 a.m.. napa as well as fairfield are affecte
in his weekly me the address, obama accuses house republicans of blocking a bill that would prevent a tax increase on the middle class. the democratic controlled senate has approved a plan. o obamas as a house bill lores rates for the wealthiest americans, instead of raising them as he has proposed. >> this is the only way to put our economy without asking more. this is the only plan that i am willing to sign. >> for the gop, florida senator marco rubio says tax increases will not...
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president obama met private lily with john boehner at the white house. aides say the lines of communication remain open. it was the first time the two men had met privately since election day. this morning, a republican senator hinted president obama's plan might work at least to change the debate. >> a lot of people are putting forth a theory, and i actually think it has merit, where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2%. all of a sudden, the shift goes back to entitlements. >> congress has three weeks to prevent automatic tax hikes for all americans, and drastic cuts in federal spending. >>> there is no plan to change a controversial practice of changing votes after a practice passes or fails. about half of those sworn in last week are new to the job. during the past session, aseem belie members changed their votes more than 5,000 times. the practice does not affect the outcome of a bill but it disallow lawmakers to hide or distort their vote. >>> the u.s. postal service is working to
president obama met private lily with john boehner at the white house. aides say the lines of communication remain open. it was the first time the two men had met privately since election day. this morning, a republican senator hinted president obama's plan might work at least to change the debate. >> a lot of people are putting forth a theory, and i actually think it has merit, where you go in and give the president the 2% increase that he's talking about, the rate increase on the top...
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Dec 5, 2012
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told bloomberg news, the latest plan put forth by house speaker john boehner, simply does not add up. republicans have been equally dismissive of the last proposal from the president. tax rates on the wealthy remain the key sticking point between both sides. after a white house meeting tuesday, a bi- partisan group of governors expressed hope that an agreement will be reached soon. experts forecast economic turmoil in january, if a deal is not reached. >> john boehner took a break from the negotiations to help light of the christmas tree. eagle scout, from colorado springs helped out and there is. the crowd in cheers and the u.s. air force played " a christmas tree " and other holiday classics. this is a spruce tree from call rental white river national forest. it has 10,000 lights, ornaments and will be let in each night until the day after christmas. >> we are going to take a look at the golden gate bridge. dry roadways. the bulk of the wet weather is to the north. it is going to pick up in intensity, overnight. it will impact certain areas to more with moderate/heavy downpours. it
told bloomberg news, the latest plan put forth by house speaker john boehner, simply does not add up. republicans have been equally dismissive of the last proposal from the president. tax rates on the wealthy remain the key sticking point between both sides. after a white house meeting tuesday, a bi- partisan group of governors expressed hope that an agreement will be reached soon. experts forecast economic turmoil in january, if a deal is not reached. >> john boehner took a break from...
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the white house is still demanding tax hikes on the top 2% but president obama did lower the amount from 1.6 to $1.4 trillion. republicans say that's not good enough. they are holding out for cuts to programs like social security. congressional leaders warn lawmakers not to make holiday travel plans. >> we are going to stay here right up until christmas eve throughout the time and period before the new year because we want to make sure that we resolve this in an acceptable way for the american people. >> meanwhile, fed chairman ben bernanke says the threat of the "fiscal cliff" is creating uncertainty in the economy. >> going home, guys. see you later. >> no comment from new jersey governor chris christie. but he did open up to barbara walters about his weight. he admitted that he is more than a little overweight but he says he has done thinks job well. christie says his size isn't something that would keep him from a run for the white house. it is rumored he is considering a presidential bid in 2016. if he does run, he might go up against secretary of state hillary clinton. also speakin
the white house is still demanding tax hikes on the top 2% but president obama did lower the amount from 1.6 to $1.4 trillion. republicans say that's not good enough. they are holding out for cuts to programs like social security. congressional leaders warn lawmakers not to make holiday travel plans. >> we are going to stay here right up until christmas eve throughout the time and period before the new year because we want to make sure that we resolve this in an acceptable way for the...
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. >>> the white house says president obama has called egyptian president morsi to express deep concern about the deaths and injuries of protesters in egypt this week. new video in overnight you can see large crowds of protesters in cairo expressing ager after a nationally tell advised speech by morsi they say he offered nothing concrete to defuse the country's worst political crisis in two years. opposition says would it not enter into dialogue with morsi unless he rescinds decrees giving him unrestricted powers. >>> in a few hours, pearl harbor survivors will place an a wreath to mark the 71st anniversary of the japanese attack on pearl harbor followed by a 21 gun salute more than 2400 americans died when the japanese bombed pearl harbor in a surprise attack before 10:00 our time december 7th, 1941. the attack helped usher the u.s. into world war ii. this afternoon sons and daughters of survivors will attend the 48th annual beacon in honor of pearl harbor day. >>> coming up, tax refund checks california is itching to give away. what you need to know to find out if one is yours. >>> de
. >>> the white house says president obama has called egyptian president morsi to express deep concern about the deaths and injuries of protesters in egypt this week. new video in overnight you can see large crowds of protesters in cairo expressing ager after a nationally tell advised speech by morsi they say he offered nothing concrete to defuse the country's worst political crisis in two years. opposition says would it not enter into dialogue with morsi unless he rescinds decrees...
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the obama administration called the launch a provocative act. >> house republican leaders are pressing president obama to come up with a plan they can accept for spending cuts and tax revenues to avoid the so called fiscal cliff. time is running out now for both parties to reach a compromise. we have the latest. >> the deadline to avoid the fiscal cliff is december 316789 lawmakers have less time if they want get something together that congress can pass and the president can sign. >> the longer the white house road blocks this discussion, closer our economy gets to the fiscal cliff. >> in an interview, the president was optimistic a deal can be reached. >> i'm confident republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> monday night, white house sent speaker boehner on offer including $1.2 trillion in new revenue. yesterday, boehner sent a counter proposal back but looked almost exactly like their original plan. $800 in new revenue continues to be the sticking point. tax rates on the top earners. republicans insist the whit
the obama administration called the launch a provocative act. >> house republican leaders are pressing president obama to come up with a plan they can accept for spending cuts and tax revenues to avoid the so called fiscal cliff. time is running out now for both parties to reach a compromise. we have the latest. >> the deadline to avoid the fiscal cliff is december 316789 lawmakers have less time if they want get something together that congress can pass and the president can sign....
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. >> pelosi and other democrat respect pushing for president obama's plan. it would extend the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves and teating the president's proposal like it's serious. >> republican house speaker john boehner has come out against any tax hike and has refused to bring the democratic plan for a vote. >>> the dow fell almost 14 points. nasdaq lost 5 1/2. the s & p fell 2 1/2 points. >>> yahoo is buying another silicon startup. sunnyvale's yahoo acquired on the air today. the service enables users to hold online video chats in a talk show foremated. >>> a monstrous typhoon has killed 74 people in the philippines and the deattoll is expected to rise. 23 of the people drowned in flooding caused by the typhoon. the storm made landfall yesterday and some 60,000 people have fled to emergency shelters. the crowded shelters in this
. >> pelosi and other democrat respect pushing for president obama's plan. it would extend the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves and teating the president's proposal like it's serious. >> republican house speaker john boehner has come out against any tax...
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. >>> new this morning, president obama is taking a partisan tone in his weekly address blaming house republicans for blocking a bill to resolve the fiscal cliff crisis. congress has not compromised on whether taxes should be raised on wealthy americans to help reduce the deficit. latest version of the plan would prevent a tax hike on the first quarter million dollars of a person's earning. >> the wealthiest americans would get a tax cut on first $250,000 and families everywhere would enjoy peace of mind. senate has done their part. we're waiting for republicans and so far they have put unballoted plan that lowers rates for the wealthy americans. >> marco rubio says it will not reduce the nation's $16 trillion debt. >> officials for the proposed sonoma marin smart train are looking to get federal funding to buy more train cars. smart train is committed to go to cloverdale and larkspur but more rail cars would be needed. they report that money force the cars would come out of the budget for pedestrian and bicycle paths. bicycle advocates say it will take away two-thirds of their fundin
. >>> new this morning, president obama is taking a partisan tone in his weekly address blaming house republicans for blocking a bill to resolve the fiscal cliff crisis. congress has not compromised on whether taxes should be raised on wealthy americans to help reduce the deficit. latest version of the plan would prevent a tax hike on the first quarter million dollars of a person's earning. >> the wealthiest americans would get a tax cut on first $250,000 and families everywhere...
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. >> as for the crisis in cairo president obama has made a phone call to mohammed morsi. the white house says he expressed concern about the deaths and injuries of protesters there. r morsi's supporters have been clashing with his opponents. they're upset that morsi gave himself sweeping powers that place him above judicial oversight. >>> john mcafees deportation back to police is being delayed after being hospitalized for chest pains. he's back in a guatemalan jail cell. authorities in belize want to question mac afee about his neighbor's murder. >>> and san francisco health officials are pointing out an increase in meningitis cases among gay men in new york city. over the past year there have been 12 documented cases of the disease among gay men in new york including three new cases in the past six weeks that recently prompted health officials in new york to expand their vaccination recommendations for gay men. health officials say they want to protect san francisco residents who could become infected, especially if they are traveling to new york. >>> well, some babies
. >> as for the crisis in cairo president obama has made a phone call to mohammed morsi. the white house says he expressed concern about the deaths and injuries of protesters there. r morsi's supporters have been clashing with his opponents. they're upset that morsi gave himself sweeping powers that place him above judicial oversight. >>> john mcafees deportation back to police is being delayed after being hospitalized for chest pains. he's back in a guatemalan jail cell....
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obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. and clearing a negotiating room improves the chances for success. just 25 minutes from now the closely watched monthly unemployment report will be released for november. coming up at 5:15 what economists say the numbers released this morning don't accurately reflect the current jobs market. >>> time now 5:05. reports an oakland church youth group visiting florida today is out of money and their belongings because thieves broke into their van. a group of 24 teenagers and young adults were eating at a restaurant yesterday. about an hour after arriving for a weekend youth conference. they are saying thieves broke into their van, stole $12,000 cash. one member of the group was able to have money wired to them so they at least spent last night in a hotel. there is no word yet if this group plans to come back to oakland today. >>> funeral services will be held this weekend for two teenage
obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. and clearing a negotiating room improves the chances for success. just 25 minutes from now the closely watched monthly unemployment report will be released for november. coming up at 5:15 what economists say the numbers released this morning don't accurately reflect the current jobs market. >>> time now 5:05. reports an oakland church youth group visiting florida today is out...
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. >>> in washington state, president obama met privately with house speaker john boehner will the looming fiscal cliff. neither side would offer details, but say that the lines of communication remain open. meanwhile the head the mff international monetary fund wants it fixed for the long- term. >> reporter: the crt of the international monetary fund said a more comprehensive solution is need. imf chief christine le guard said it must do more than avoid the fiscal cliff to get america's economy growing again. >> there is still that degree of uncertainty that fuels doubt, that prevents investors and entrepreneurs and households from making investments because they don't know what it will be. >> house speaker john boehner complains there has been no progress in avoiding the most immediate crisis. >> when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: democrats show no signs of backing off from supporting the president' hard line stance on raising the income tax rate on the rich. >> we democrats realize
. >>> in washington state, president obama met privately with house speaker john boehner will the looming fiscal cliff. neither side would offer details, but say that the lines of communication remain open. meanwhile the head the mff international monetary fund wants it fixed for the long- term. >> reporter: the crt of the international monetary fund said a more comprehensive solution is need. imf chief christine le guard said it must do more than avoid the fiscal cliff to get...
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. >> we're learning that president obama and house speaker john boenher have spoken on the phone... it's a small step towards bridging a huge political washington has 26 days to keep the nation from going over the so called "fiscal cliff" >> it appears americans don't mind sharing opinions.. even on things that don't exist. a recent poll by public policy polling found 25- percent of americans took a stance on a phony debt reduction policy called the "panetta-burns plan." the proposal was dreamed up by pollers to test how many people would speak on something they clearly don't know anything about. eight-percent of those polled supported the mythical plan and 17- percent in contrast, 39- percent of voters were willing to share their thoughts about the "simpson- bowles" deficit policy up for debate in >> you don't have to look >> >> nobody wants to get this done more than me. >> >> but key players aren't talking in the same room. congressional aides say they're not even >> the president is ready, willing and able, waiting to be able to sit down and seriously negotiate this but they hav
. >> we're learning that president obama and house speaker john boenher have spoken on the phone... it's a small step towards bridging a huge political washington has 26 days to keep the nation from going over the so called "fiscal cliff" >> it appears americans don't mind sharing opinions.. even on things that don't exist. a recent poll by public policy polling found 25- percent of americans took a stance on a phony debt reduction policy called the "panetta-burns...
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obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks and those say clearing the negotiating room clears the chances for success. f we have new unemployment numbers released just a few minutes ago. employers added 146,000 new jobs in november. the unemployment rate dropped to a four-year low of 7 .7%. coming up at 6:15 the factors that economists predicted would have a negative impact on the numbers but apparently did not. >>> time now 6:07. we are following this story. oakland church youth group traveling in florida they are out of money and their belongings because thieves broke into their van. a group of 24 teenagers and young adults were eating at a restaurant yesterday about an hour after arriving far weekend youth conference. someone broke into their van stole 12,000 cash. one member of the group says they were able to have some money mired so they -- wired so they did spend last night in a hotel. >>> survivors of the attack on pea
obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks and those say clearing the negotiating room clears the chances for success. f we have new unemployment numbers released just a few minutes ago. employers added 146,000 new jobs in november. the unemployment rate dropped to a four-year low of 7 .7%. coming up at 6:15 the factors that economists predicted would have a negative impact on the numbers but apparently did not. >>> time...
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Dec 10, 2012
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president obama and house speaker johnboehner had a meeting at the white house. the president and the speaker refused to speak about details of the meeting there is some republicans are now putting increased pressure our party leaders to rethink opposition to tax hikes on the wealthy and taken get entitlement cuts in return. many house republicans refused support the tax hike under any circumstances. and democrats have been skeptical about rushing through anti reforms before the end of the year. >> same-sex couples cannot officially tied the knot in washington state. >> yesterday marked the first day that those couples are able to legally marry. >> 30 or more than 140 people registered to marry in seattle city hall. seattle's mayor is calling it a great and joyous day with a new civil-rights been recognized. >> watching lost t wall street from three major indexes are in the negative in this morning pre-market trading. the looming fiscal cliff is likely to affect this week's trading since washington has yet to make a build for the cliff. investors will also be wai
president obama and house speaker johnboehner had a meeting at the white house. the president and the speaker refused to speak about details of the meeting there is some republicans are now putting increased pressure our party leaders to rethink opposition to tax hikes on the wealthy and taken get entitlement cuts in return. many house republicans refused support the tax hike under any circumstances. and democrats have been skeptical about rushing through anti reforms before the end of the...
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Dec 10, 2012
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. >> just three weeks until fiscal cliff, and president obama and house speaker john boehner had a private meeting at the white house yesterday to discuss the deal. the president and speaker refuse to speak about itself of the meeting. some republican about putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy and taken it entitled cuts in return. many house republicans refused to support tax hikes under any circumstances. the democrats have been skeptical about rushing through in time or four before the end of the year. >> same-sex couples can now officially tied the knot in washington state. >> yesterday mark the first day that those couples are able to legally marry. there are more than 140 people that registered to marry at seattle city hall. seattle mayor mike mcginn called in a great and joy is a day with a noose rights be recognized. >> we will be right back--a new civil rights being recognized you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our emplo
. >> just three weeks until fiscal cliff, and president obama and house speaker john boehner had a private meeting at the white house yesterday to discuss the deal. the president and speaker refuse to speak about itself of the meeting. some republican about putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy and taken it entitled cuts in return. many house republicans refused to support tax hikes under any circumstances. the democrats have been...
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Dec 13, 2012
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the white house is still demanding tax hikes on the top 2%. president obama did lower the amount from 1.6 to $1.4 trillion. republicans say that's not good enough. they are holding out for cuts to programs like social security. >> we'll stay here right through the new year and make sure we resolve this in an acceptable way for the american people. >> the fed chair ben bernanke says just the threat of a "fiscal cliff" is already creating uncertainty in the economy. and that is not good for the stock market. >>> "fiscal cliff" negotiations though are throwing a wrench into year end tax planning, as well. >> but there are plenty of actions to take starting with changes of tax laws that expire at the and of the year. jill schlesinger, editor at large for cbsmoneywatch.com joins us now with information on tax laws that expire at the end of the year. >> good morning. >> first start with people trying to reduce their mortgage debt. >> reporter: this is really interesting because homeowners who have restructured their mortgage debt since the housing c
the white house is still demanding tax hikes on the top 2%. president obama did lower the amount from 1.6 to $1.4 trillion. republicans say that's not good enough. they are holding out for cuts to programs like social security. >> we'll stay here right through the new year and make sure we resolve this in an acceptable way for the american people. >> the fed chair ben bernanke says just the threat of a "fiscal cliff" is already creating uncertainty in the economy. and that...
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president obama lowered the amount from 1.6 to $1.4 trillion. that's not good enough for the republicans holding out for cuts to programs like social security. congressional leaders warn lawmakers not to make holiday travel plans. they will work to the last minute. >>> it's been a busy morning for all things business. >> certainly. he has plenty of new numbers from washington and some new maps from apple and this would be jason brooks with kcbs and cbsmoneywatch.com. good morning. >> good morning. >> reporter: and we have some decent news on the economy but that's largely being overshadowed by the "fiscal cliff" talks. a lot of worries on wall street if an agreement can't be reached by the end of the year. but as far as of the economy goes, decent news especially on the job market. the labor department reporting that first time unemployment claims fell by 29,000 to 343,000 the lowest level in two months and the second lowest level of the year. it suggests hiring is outpacing firing. the four-week average down to 381,000, still an effect from san
president obama lowered the amount from 1.6 to $1.4 trillion. that's not good enough for the republicans holding out for cuts to programs like social security. congressional leaders warn lawmakers not to make holiday travel plans. they will work to the last minute. >>> it's been a busy morning for all things business. >> certainly. he has plenty of new numbers from washington and some new maps from apple and this would be jason brooks with kcbs and cbsmoneywatch.com. good...
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Dec 5, 2012
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not talking to house republicans about it. at the white house, he discussed the issue with a bipartisan group of governors. >> "i know that the president certainly wants a deal. he didn't try to handicap it." and earlier this week, he told so called middle class americans on twitter keep pressure on congress, he's even ventured outside the beltway rallying supporters to do just that "i'm going to be asking all of you to make your voices heard." >> why isn't he calling speaker boehner over to a white house meeting? "speaker boehner and i speak frequently. and, you know, i (reporter: "so when? when will the two of you sit down in a room?") >> "you know, i don't think that the issue right now has to do with sitting in a room." in part the white house was burned by the debt ceiling negotiations of 2011 when lots of meetings, failed to stave off a fiscal nightmare. but there's another strategy at play. some in the administration say they learned in the first term, the best way to break washington stalemates: rally the public to the
not talking to house republicans about it. at the white house, he discussed the issue with a bipartisan group of governors. >> "i know that the president certainly wants a deal. he didn't try to handicap it." and earlier this week, he told so called middle class americans on twitter keep pressure on congress, he's even ventured outside the beltway rallying supporters to do just that "i'm going to be asking all of you to make your voices heard." >> why isn't he...
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Dec 6, 2012
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house speaker john banner. treasury secretary says that the administration will absolutely let the double whammy take effect as scheduled on less republicans give and to president obama as the man to raise tax rates at all where income levels. geiger says the problem is too big to be solved without raising tax rates on the wealthy. he drew a fierce response from republicans saying that the statement was stunning and irresponsible. egest republic golegest republis ordered protesters supporting and opposing president mohammed morsi to leave the area around the presidential palace that has been the site of fierce clashes. the guard gave broad protesters on both sides time to clear out. >> the death toll from the typhoon hit the southern philippines has climbed to 350 people today. it hit hardest in the southern philippines where entire families were washed away. and the four injured people are still missing. nato has called on north korea to cancel its plans for a second rocket launch. ambassador stated yesterday
house speaker john banner. treasury secretary says that the administration will absolutely let the double whammy take effect as scheduled on less republicans give and to president obama as the man to raise tax rates at all where income levels. geiger says the problem is too big to be solved without raising tax rates on the wealthy. he drew a fierce response from republicans saying that the statement was stunning and irresponsible. egest republic golegest republis ordered protesters supporting...
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. >> new this morning house speaker john banner says the white house is risking pushing the country of the fiscal cliff. he says president obama refusal to control spending is why talks keep failing. house minority leaves that leader nancy pelosi is also speaking out today on the issue. should criticize republican house leaders for sending lawmakers home today instead of staying in washington to work on an agreement. wide-ranging tax increases and spending cuts will take effect last next month at a solution is not reached. >> home repossessions rose to nine multi november even as the number of homes started on the path to foreclosure declined and the lowest level in six years. reality track's said banks completed foreclosure on over 59,000 homes last month. as a and 11% increase from october and up 5% from november last year. the number of homes entering the foreclosure process process sank to about 77,500. that's the lowest number foreclosures since december 2006. >> rob black will be talking about winners and losers on wall street. the approach the bay bridge has been an easy commute
. >> new this morning house speaker john banner says the white house is risking pushing the country of the fiscal cliff. he says president obama refusal to control spending is why talks keep failing. house minority leaves that leader nancy pelosi is also speaking out today on the issue. should criticize republican house leaders for sending lawmakers home today instead of staying in washington to work on an agreement. wide-ranging tax increases and spending cuts will take effect last next...
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Dec 7, 2012
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. >>> john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. >>> well, the closely-watched monthly unemployment report released this morning was better than expected. the economy added 146,000 jobs in november and the unemployment rate fell to a four-year low of 7.7%. coming up at 7:15, how this morning's job report impacts thefully negotiation -- impacts the fiscal cliff negotiation. >>> a youth group visiting florida got robbed. the group made of you of 24 teenagers and said they were eating in a restaurant in fort lauderdale, florida about an hour after they arrived for a weekend youth conference. they say thieves stole $12,000 cash. one member of the group was able to have money wired to them. so they were able to spend last night in a hotel. we have no word yet if that group will return to oakland today. >>> funeral services will be held this weekend for two teenaged girs shot to death in oakland last month. funeral services will be held
. >>> john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. >>> well, the closely-watched monthly unemployment report released this morning was better than expected. the economy added 146,000 jobs in november and the unemployment rate fell to a four-year low of 7.7%. coming up at 7:15, how this morning's job report impacts thefully negotiation -- impacts the...
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. >>> and president obama met privately with house speaker john boehner at the white house over the weekend. it was their first one-on-one meeting since the crisis. >>> 8:06. a federal judge expected to approve a plan to give control of the oakland police department to a court-appointed director. this comes after oakland failed to meet a federal judge's order to make reforms agreed to in the settlement of the riders police brutality case. the director will have the power to spend city money, change police procedures and if the police department continues to fail to make reforms even fire the police chief. >>> well, a man accused of shooting and killing a driver in a road-rage incident is talking now. brian jones is in the sacramento county jail. now, he admitted he fired shots at another driver in sacramento. it happened after jones says his sister said she was being followed by someone she didn't know saturday morning. she called brian for help. jones admit, he cut off the driver then he -- then, he claims the driver came after him with his car. >>> at that time i was fearing for my life.
. >>> and president obama met privately with house speaker john boehner at the white house over the weekend. it was their first one-on-one meeting since the crisis. >>> 8:06. a federal judge expected to approve a plan to give control of the oakland police department to a court-appointed director. this comes after oakland failed to meet a federal judge's order to make reforms agreed to in the settlement of the riders police brutality case. the director will have the power to...
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Dec 12, 2012
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just about 20 minutes ago, house speaker john boehner said he and president obama remain very far apart in the fiscal cliff negotiations. political reporter jamie dupree joins us via skype from washington, d.c. you said there's two words we are not likely to hear and we haven't heard in any of this fiscal cliff debate. >> reporter: yeah, balanced budget. in all of the talks we've heard about the fiscal cliff, we've heard about balance and new tax revenue. but we don't hear balanced a budget. i think -- balanced budget. i think this speaks to how bad the situation is in the federal government when both parties don'tage knowledge that. as for -- don't acknowledge that. as for what's going on, just downstairs from me, speaker boehner started throwing cold water on any report that the talks were moving ahead. yes, there have been an exchange of offers. he said the last couple of days, but he said his phone call last night was a frank discussion about just how far apart they are. with 19 days left until the deadline or nine days until the end of the world, if you are look at the mine cardina
just about 20 minutes ago, house speaker john boehner said he and president obama remain very far apart in the fiscal cliff negotiations. political reporter jamie dupree joins us via skype from washington, d.c. you said there's two words we are not likely to hear and we haven't heard in any of this fiscal cliff debate. >> reporter: yeah, balanced budget. in all of the talks we've heard about the fiscal cliff, we've heard about balance and new tax revenue. but we don't hear balanced a...
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Dec 8, 2012
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. >>> president barack obama is asking congress for more than $60 billion to help with sandy recovery efforts. the president made the request on friday on behalf of the states hardest hit by the october storm. in a joint statement, new york governor cuomo and chris christie said it would help their state rebuild. >>> yesterday marked the 71st anniversary of the pearl harbor attacks and many paused to remember the fateful day. in hawaii, a moment of silence followed by a fly-over at the exact time the bombing began. that surprise attack killed about 2400 people and it was the start of the u.s. involvement in world war ii. >>> pearl harbor survivors revisited that day. a 2 is gun salute honored the survivors of the attack. the memories are still fresh for the men there. a 91-year-old was on the uss west virginia when the planes attacked. >> i felt six torpedoes hit the port side of my ship. er to a big hole in there and the ship began to lift. >>> well a beacon on the top of the mount was lit throughout the night to remember the pearl harbor attacks the. light turned on at sunset last n
. >>> president barack obama is asking congress for more than $60 billion to help with sandy recovery efforts. the president made the request on friday on behalf of the states hardest hit by the october storm. in a joint statement, new york governor cuomo and chris christie said it would help their state rebuild. >>> yesterday marked the 71st anniversary of the pearl harbor attacks and many paused to remember the fateful day. in hawaii, a moment of silence followed by a...
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Dec 13, 2012
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house speaker john boehner on president obama. >> his plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and his plan does not begin to solve our debt crisis. it actually increases spending. >> and here's white house spokesman jay carney's dismiss i've assessment of boehner's proposal to permanently extend all income tax rates until they're replaced next year under a redrawn tax code with fewer loopholes and deductions. >> those magic beans are just beans and that fairy dust is just dust. it is not serious. and the president will not sign an extension of the bush tax cuts for the wealthiest. >> reporter: the top house democrat accused republicans of delaying a tax cut for middle class americans while trying to preserve one for the wealthiest 2% of income earners. >> it's getting really stale. it's getting really old. and the closer we get to christmas, it's really getting boring. >> reporter: the white house released this photo of president obama talking tuesday to boehner. it doesn't look heated, but the conversation was. obama to
house speaker john boehner on president obama. >> his plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and his plan does not begin to solve our debt crisis. it actually increases spending. >> and here's white house spokesman jay carney's dismiss i've assessment of boehner's proposal to permanently extend all income tax rates until they're replaced next year under a redrawn tax code with fewer loopholes and deductions....